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Ex-Scrip Issue of Shares


An issue of shares which is sold without conferring on the buyers/ holders the right to receive shares which may be distributed free to existing shareholders (by way of scrips). The price of ex-scrip shares is usually lower than those which have scrips attached thereto.



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This section covers a wide-ranging array of terms and concepts, among others, in the area of exchanges and financial marekts at large ...
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